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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

AAA Baltic Service Company joined European Law Firm network

October 2010. Press Releases by AAA Baltic Service Company (view listing).

AAA Baltic Service Company - law firm became a solely representative for Lithuania in European law Firm (ELF). ELF unifies 27 law firms acting in different countries across whole Europe: France, Germany, United Kingdom, Baltic states, Scandinavia, Switzerland. Luxembourg, Italy, Spain, Belgium and other, one in each country. The general meeting of ELF members voted unanimously in favour of accepting AAA Baltic Service Company as the newest member, completing representation across the Baltic States.

 

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Erica Johansson new partner in Delphi's Banking and Finance Group

October 2010. Press Releases by Delphi (view listing).

Erica Johansson has joined Delphi as partner in the Banking and Finance Group. Erica Johansson previously worked at Mayer Brown International LLP in London and has also worked at Allen & Overy LLP in London for several years.

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Delphi assisted Linköpings Stadshus AB in issue of commercial papers

October 2010. Press Releases by Delphi (view listing).

Advokatfirman Delphi assisted Linköpings Stadshus AB in an issue of commercial papers of no more than SEK 2 billion with Nordea Bank as arranger.

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Peter Utterström elected chairman of the World Services Group

October 2010. Press Releases by Delphi (view listing).

Peter Utterström was elected chairman of the World Services Group (WSG) on 7 September. He will continue the work of 2009-2010 years' chairman Alberto Lasheras Shine to establish the World Services Group as one of the leading global networks for professional service providers within legal services, accounting, investment banking and finance.

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Delphi involved in global industrial transaction

October 2010. Press Releases by Delphi (view listing).

Delphi assisted the Swedish based company Lindgens Metal Decorating Coatings & Inks when AkzoNobel acquired worldwide assets in several countries, including a majority stake in the joint venture company Server Boya in Turkey.

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Delphi advised in life science company investment

October 2010. Press Releases by Delphi (view listing).

Delphi assisted Sydsvensk Entreprenörfond and others in connection with an investment in the medical device company Metpro Ronneby AB during the summer.

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Civil tender results: Law Society takes legal action

October 2010. Press Releases by Bindmans LLP (view listing).

The Law Society is taking legal action against the Legal Services Commission (LSC) over the outcome of the family legal aid tender round, which will see the number of firms assigned to family law work reduced from 2,400 to 1,300.

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Bindmans improves league position in UK 200

October 2010. Press Releases by Bindmans LLP (view listing).

Bindmans LLP has climbed five places in the league tables published this week in The Lawyer UK 200 Annual Report 2010. This year we are ranked at 188th, based on the annual turnover of UK law firms, compared with 193rd position 12 months ago.

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What the Legal 500 2010 says about Bindmans legal practice in London

October 2010. Press Releases by Bindmans LLP (view listing).

Another great year of reviews from the Legal 500

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Law Society wins family tender challenge

October 2010. Press Releases by Bindmans LLP (view listing).

Stephen Grosz, Saadia Khan and Clare Jennings of Bindmans LLP represented the Law Society in its successful High Court challenge to the Legal Services Commission’s family legal aid tender process.

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7 Join Hassans

October 2010. Press Releases by Hassans (view listing).

Seven new recruits have been welcomed into Gibraltar’s leading law firm, Hassans,underpinning its continued growth in spite of the difficult economic situation worldwide. Threetrainee solicitors, Harriet Rhoda, Piers Barber and David Borge and four barristers, AlbertAgius, Stephen Noguera, Matthew Torres and Joelle Wahnon will work in variousdepartments, including property, litigation, tax, and commercial. 

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O’Neal Webster wins InterContinental Finance Magazine Award

October 2010. Press Releases by O'Neal Webster - Barristers & Solicitors (view listing).
O'Neal Webster  is pleased to announce that it has been named Offshore Law Firm of the Year (Banking & Finance) in the British Virgin Islands by InterContinental Finance Magazine in its 2010 Global Magazine Awards. The firm is considered to have performed to exceptional levels during one of the most difficult economic periods ever experienced.

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5 October 2010 - Bär & Karrer Strengthens its Tax Department

October 2010. Press Releases by Bär & Karrer (view listing).

The Swiss law firm Bär & Karrer strengthens its tax department by recruiting three (highly) qualified tax specialists. 

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Millions raised in new fund offering

October 2010. Press Releases by Carey Olsen (view listing).

UK private equity house, Inflexion Private Equity LLP, has announced the closing of its new 2010 Buyout Fund which has raised a total of £375m. 

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Orascom Development Holding AG successfully completes rights offering

October 2010. Press Releases by Bär & Karrer (view listing).

On 4 October 2010, Orascom Development Holding AG (“Orascom”), a leading developer of fully integrated towns, completed a CHF 185 million capital increase by way of a rights offering to its shareholders and holders of Egyptian Depositary Receipts. The net proceeds of the offering will be used to fund Orascom’s devel-opment projects and for general corporate purposes. The syndicate of banks comprised Credit Suisse, Deutsche Bank and UBS Investment Bank acting as Joint Lead Managers and Joint Bookrunners. 

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Orascom Development Holding AG successfully completes rights offering

October 2010. Press Releases by Bär & Karrer (view listing).

On 4 October 2010, Orascom Development Holding AG (“Orascom”), a leading developer of fully integrated towns, completed a CHF 185 million capital increase by way of a rights offering to its shareholders and holders of Egyptian Depositary Receipts.

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Hengeler Mueller advises banking syndicate on issuance of RWE's first hybrid bond

October 2010. Press Releases by Hengeler Mueller (view listing).

On September 20, 2010, RWE AG for the first time issued a euro hybrid bond with a total volume of € 1.75 billion. This is the biggest ever euro hybrid bond issued by an industrial corporation in Europe.

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Hengeler Mueller advises underwriters on capital increase of Heidelberger Druckmaschinen AG

October 2010. Press Releases by Hengeler Mueller (view listing).

Hengeler Mueller is advising the underwriters led by COMMERZBANK Aktiengesellschaft and Deutsche Bank AG on the capital increase of Heidelberger Druckmaschinen AG in the amount of € 420 m.

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Hengeler Mueller advises HOCHTIEF on takeover offer by ACS

October 2010. Press Releases by Hengeler Mueller (view listing).

On September 16, 2010 the Spanish construction and services entity, ACS Actividades de Constucción y Servicios S.A., announced a takeover offer for the entire issued share capital of HOCHTIEF Aktiengesellschaft.

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Carey Olsen dominates fund market in Guernsey

October 2010. Press Releases by Carey Olsen (view listing).

Carey Olsen is the market leader for legal services to Guernsey’s funds industry, according to Thomson Reuters’ Lipper statistics report. 

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Ţuca Zbârcea & Asociaţii wins at The Lawyer European Awards 2010

October 2010. Press Releases by Tuca Zbarcea & Asociatii (view listing).

Ţuca Zbârcea & Asociaţii was chosen as the law firm of the year during the ceremony organized by the prestigious British publication: The Lawyer.

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Romanian law firm sets footprint in the Republic of Moldova

October 2010. Press Releases by Tuca Zbarcea & Asociatii (view listing).

Ţuca Zbârcea & Asociaţii announced that it signed a cooperation agreement with Ţurcan & Ţurcan – leader of the business law market in Chişinău (Republic of Moldova).

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Directors’ Duties for Companies in Financial Difficulties

October 2010. Press Releases by Stamford Law Corporation (view listing).

1. In Chee Yoh Chuang and Another (as Liquidators of Progen Engineering Pte Ltd (In Liquidation)) v Progen Holdings Ltd [2010] SGCA 31("Progen"), the Court of Appeal reiterated that when a company is insolvent or is facing financial difficulties, its directors have a fiduciary duty to take into account the interests of the company's creditors when making decisions for the company. This fiduciary duty requires directors to ensure that the company's assets are not dissipated or exploited for their own benefit to the prejudice of creditors' interests.

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Stamford Law’s Director Yap Wai Ming quoted in Business Times on Second Chance’s casino ban

October 2010. Press Releases by Stamford Law Corporation (view listing).

Stamford Law Corporation’s Director Yap Wai Ming was quoted in the Business Times on the casino ban implemented by Second Chance Properties (“Second Chance”). The ‘Casino Exclusion’ ruling on its executive directors and key personnel by Second Chance have impressed some of the market watchers who deem the move as good corporate governance practice.  Other companies think otherwise.

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FINANCE MONTHLY LAW AWARDS 2010

October 2010. Press Releases by Niederer Kraft & Frey (view listing).

NIEDERER KRAFT & FREY WINS SWISS CAPITAL MARKETS AND CORPORATE LAW FIRM OF THE YEAR AWARD 

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NKF ADVISES IMPLENIA IN THE ACQUISITION OF A REAL ESTATE PORTFOLIO OF SULZER

October 2010. Press Releases by Niederer Kraft & Frey (view listing).

31 August 2010: Niederer Kraft & Frey has advised SIX listed Implenia on the purchase of a real estate portfolio and development unit of SIX listed Sulzer group. 

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NKF ADVISES ADVENT CONTROLLED TRAVEL RETAIL INVESTMENT S.C.A

October 2010. Press Releases by Niederer Kraft & Frey (view listing).

NKF ADVISES ADVENT CONTROLLED TRAVEL RETAIL INVESTMENT S.C.A. IN PRIVATE PLACEMENT OF 2.9 MILLION SHARES OF SIX LISTED DUFRY 

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Bär & Karrer elected Swiss Law Firm of the Year by The Lawyer

October 2010. Press Releases by Bär & Karrer (view listing).

Bär & Karrer won the award "Swiss Law Firm of the Year" in The Lawyer's annual European Awards ceremony. Held in Berlin, the event saw the top firms from each of Europe's main markets rewarded for their excellence over the last 12 months. 

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Ogier Hong Kong acts on acquisition of BVI Company

October 2010. Press Releases by Ogier (view listing).

The Hong Kong office recently acted as BVI advisers to a consortium consisting of Zijin Mining Group Co., Ltd (“Zijin”) and China-Africa Development Fund (“CADFund”) in connection with a US$284 million acquisition of Platmin Congo Limited, a BVI company undertaking copper mining activities in the Democratic Republic of Congo. 

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Ogier advises on securitisation transaction

October 2010. Press Releases by Ogier (view listing).

Ogier (Chris Byrne and Peter Longstaffe) acted as Jersey legal advisers to WestLB (as Sole Co-ordinator and Joint Arranger) in relation to the issuance by A.R.T.S Ltd (a Jersey SPV administered by Deutsche Bank Jersey) of a number of tranches of floating rate notes in an aggregate amount of just under US$865,000,000 pursuant to the A.R.T.S US$5billion note issuance programme. 

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Ogier Guernsey advises on establishment of World Shariah Funds PCC Limited

October 2010. Press Releases by Ogier (view listing).

Ogier Guernsey has recently acted as lead counsel in the establishment of World Shariah Funds PCC Limited ("WSF") as a class B collective investment scheme in Guernsey. WSF is a shariah-compliant investment fund which also complies with the requirements of the UCITS directive. WSF is one of only a handful of shariah-compliant funds established in Guernsey and the first for Ogier Guernsey. 

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Eurolex Bulgaria became a legal consultant of Carlsberg

Relying on the corporate experience and the excellent reputation of “Eurolex Bulgaria” ltd., especially in the area of privatization, “Carlsberg  Bulgaria” chose the company for a consultant on the procedure for privatization of the municipal shares in the capital of “Hliab I Hlebni Izdelia” ltd., owned by municipality Blagoevgrad.

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The firm welcomes Ms Elina Lambrou as Senior Associate in the Corporate Department

September 2010. Press Releases by Pamboridis LLC (view listing).

It is our pleasure to announce that Ms Elina Lambrou joined our firm in September 2010. She will be a Senior Associate in the Corporate Department. Ms Lambrou is a graduate of the University of East Anglia and a member of the Cyprus Bar Association.  

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AstapovLawyers to advise RGU on establishing a self-regulating organization

September 2010. Press Releases by Astapov Lawyers International Law Group (view listing).

27.09.2010 - AstapovLawyers joined a working team to handle establishing a self-regulating organization (SRO) by the Russian Grain Union. The organization will be empowered to set, control the compliance with, and impose sanctions for the violations of, obligatory rules for Russia’s agricultural market.

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Wiersholm advises Kohlberg Kravis Roberts & Co. ("KKR")

September 2010. Press Releases by Wiersholm (view listing).

Wiersholm advises Kohlberg Kravis Roberts & Co. ("KKR") in their acquisition of a 76.9% ownership in Visma Holding ("Visma")

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AVELLUM PARTNERS ADVISES TOP LEADER BANK

September 2010. Press Releases by Avellum Partners (view listing).

AVELLUM PARTNERS ADVISES TOP LEADER BANK IN UKRAINE ON FIRST POST-CRISIS PRIVATE UKRAINIAN BANK EUROBOND TRANSACTION

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AKD appoints new partner

September 2010. Press Releases by AKD (view listing).

Law firm AKD has appointed Mr L. (Luc) Defaix as a partner with effect from 1 September 2010. Before this date, he worked at management investment company Penguin Ventures, and will now be joining our Corporate Law practice group in Eindhoven.

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Klaas Meersma new partner at AKD

September 2010. Press Releases by AKD (view listing).

Law firm and notarial services provider AKD has appointed Klaas Meersma as a partner effective from 16 September 2010. Klaas, who joins from Houthoff Buruma will be part of the firm’s Government & Enterprise section in Amsterdam.

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MAQS TRAINING PARTNER @ TALLINN BLACK NIGHTS FILM FESTIVAL

September 2010. Press Releases by MAQS Law Firm (view listing).

MAQS LAW FIRM in Estonia is the training partner of PÖFF (TALLINN BLACK NIGHTS FILM FESTIVAL) and its BLÄCK MARKET programme for the film industry.

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MAQS ESTONIA IS HOSTING A SEMINAR ON LEGAL ISSUES RELATED TO THE ADOPTION OF THE EURO IN ESTONIA

September 2010. Press Releases by MAQS Law Firm (view listing).

As from 1 January 2011 the official currency in Estonia will be the Euro.

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Chiomenti is named Italian Law Firm of the year - The Lawyer European Awards 2010

September 2010. Press Releases by Chiomenti Studio Legale (view listing).

Chiomenti has been named "Italian Law Firm of the Year" at The Lawyer European Awards, held in Berlin on September 23, 2010.

 

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New partner

September 2010. Press Releases by Wiersholm (view listing).

Wiersholm is pleased to announce that Harald Hellebust has been accepted as partner in Wiersholm with effect from 15 August. Harald will contribute to further strengthen Wiersholm in the fields of company law, contract law and transactions.

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Wiersholm Transactions

September 2010. Press Releases by Wiersholm (view listing).

Wiersholm has had a leading legal role in many of the largest stock exchange listings and share issues in Norway in recent years, and we have a considerable market share in this area.

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WONGPARTNERSHIP CEMENTS ITS REGIONAL FOOTHOLD WITH A NEW LICENCE FOR BEIJING REPRESENTATIVE OFFICE

September 2010. Press Releases by WongPartnership (view listing).

Singapore - WongPartnership has made significant strides since its establishment in 1992, and is still gathering momentum as it continues to strengthen its leadership position and expand into the region.

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SVEN DEMEULEMEESTER APPOINTED NEW PARTNER AT ALTIUS

September 2010. Press Releases by ALTIUS (in cooperation with Tiberghien) (view listing).

Brussels, 23 September 2010 - Sven Demeulemeester has been appointed a new Partner at ALTIUS. This appointment not only strengthens the firm’s Employment Law practice but offers ALTIUS clients a specific expertise in Sports Law.

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Volodymyr Yakubovskyy to coordinate AstapovLawyers’ energy practice

September 2010. Press Releases by Astapov Lawyers International Law Group (view listing).

Volodymyr Yakubovskyy was appointed as coordinator of AstapovLawyers' energy practice. Mr. Yakubovskyy holds a master degree summa cum laude in International Law from Ivan Franko National University of Lviv, Ukraine, LL.M. degree in International Business Practice from School of Law, Boston University, USA, and LL.M. degree in Corporate and Commercial Law from University of Cambridge, UK.

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AstapovLawyers continues real estate market push in Russia

September 2010. Press Releases by Astapov Lawyers International Law Group (view listing).

AstapovLawyers International Law Group announces the launch of the cooperation agreement with Avelan, a Russian-based law firm that specializes in real estate and construction law.

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Ivan Lishchyna conducted training for the Crimea-based judges

September 2010. Press Releases by Astapov Lawyers International Law Group (view listing).

On September 15, 2010, Ivan Lishchyna, a Senior Associate of the AstapovLawyers' International Arbitration and Litigation Practice, conducted training for the Crimea-based judges as a part of the International Standards of Judicial Practice seminar organized by the Kharkiv Human Rights Group under the auspices of the European Commission and Democracy Fund of the US Embassy.

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Ms. Elvan Aziz (partner) acted for the buyers in this transaction

September 2010. Press Releases by Paksoy (view listing).

On 21 September 2010 Cimtas Celik Imalat Montaj ve Tesisat A.S. together with its parent company Enka Insaat ve Sanayi A.S. acquired 100% of Soli Gemi İnsa Sanayi ve Ticaret A.S. which is located in the Kocaeli (Izmit) free trade zone and is one of the biggest shipyards in Turkey.

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'New Partners of the Firm Joined LGS Ranks'

September 2010. Press Releases by Lubis Ganie Surowidjojo (view listing).

Lubis Ganie Surowidjojo (LGS) has appointed Mr. Harjon Sinaga and Ms. Arisia Arundati Pusponegoro as Partners of the Firm in January and July 2009, respectively. The two partners have been included alongside the firm's four partners to lead the firm's over ninety lawyers.

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Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Bulgaria: Opening the gas market for foreign traders!

    Most recently, the Bulgarian Energy Regulator has taken significant steps towards the full liberalisation of the natural gas market: In December 2016, the Bulgarian Energy Regulator adopted legislative amendments to the Rules for Trading of Natural Gas ( Правила за търговия с природен газ , " Trading Rules ") and the Rules for Access to the Gas Transmission and/or Gas Distribution Networks and the Natural Gas Storage Facilities ( Правила за предоставяне на достъп до газопреносните и/или газоразпределителните мрежи и за достъп до съоръженията за съхранение на природен газ , " Access Rules "). Moreover, it adopted new Rules for Balancing of the Natural Gas Market ( Правила за балансиране на пазара за природен газ , " Balancing Rules "). read more...
  • When Arbitration Meets Insolvency in Montenegro - Can They Coexist?

    Even at first blush, it is apparent that arbitration and insolvency make strange bedfellows.
  • Hungary: Registration Fees for Company Establishment Abolished

    In an aim to simplify state administration and support economic growth, the Hungarian Parliament adopted a new law abolishing the registration fee and the publication cost for incorporating limited liability companies (" LLC ") ( korlátolt felelősségű társaság ), limited partnerships ( betéti társaság ), general partnerships ( közkereseti társaság ), and sole entrepreneurships ( egyéni cég ). The new law becomes effective on 16 March 2017. read more...
  • SyCipLaw TMT Bulletin: Philippine Central Bank Issues New FinTech Rules

    The Bangko Sentral ng Pilipinas (BSP) (the Philippine Central Bank) has issued two new circulars that will be of interest to companies engaged in remittance services, e-money, digital currency, and other fintech businesses. Both circulars amend portions of the BSP Manual of Regulations for Non-Bank Financial Institutions.
  • IFLR: “Philippines: Foreign equity ownership decision”

    The March issue of the International Financial Law Review ( IFLR ) includes an international briefing article by SyCipLaw partner  Jose Florante M. Pamfilo  entitled “Philippines: Foreign equity ownership decision”. The article discusses the Philippine Supreme Court decision on the case of Roy v. Herbosa (GR no. 207246) to invalidate the Securities and Exchange Commission (SEC) Memorandum Circular no. 8-2013 (MC 8-2013) on the guidelines on compliance with the Filipino-foreign ownership requirements prescribed in the Philippine Constitution and/or existing laws by corporations engaged in nationalized and partly nationalized activities.
  • New regulation on unit-linked life insurance in Hungary

    Policyholders of unit-linked life insurance products pay an agreed sum for the unit-linked insurance to the insurance company, as a regular premium, or in one lump sum. These payments cover the life insurance component as well as the investment, administrative costs, contracting fee and the commissions. The "total cost charged" ("TCC") is an indicator – calculated in line with the rules of Hungarian insurance regulations – showing all costs charged on life insurance policies having a savings element, reflected as a percentage value. The regulation of the TCC in Hungary has been amended effective 1 January 2017. read more...
  • Hungary: Increase of Minimum Sale Price May Affect Retail NPL Transactions?

    On 7 March 2017, the Hungarian parliament adopted a law that increases the minimum sale price of a residential property in the enforcement procedure from the current 70% of its market value to 100% (market value to be understood as the price set by the appraisal of the bailiff), provided that (i) the claim to be enforced stems from a consumer contract; (ii) the real property is the debtor's only real property; and (iii) the debtor resided in that real property for at least six months prior to the initiation of the enforcement procedure.   read more...
  • European Court of Justice rules for the first time on discrimination based on belief

    The Court of Justice confirms a policy of neutrality can justify discrimination based on belief.
  • RECENT COURT ORDER ON GOOGLE RELATED TO PROTECTING INFORMATION RIGHTS

    Korean appeals court orders Google to disclose to Korean users what personal information Google passed to U.S. government.
  • ECJ CASE C-28/26 - RECOVERABILITY OF INPUT VAT OF A HOLDING COMPANY

    Case C-28/26 - Examines the right of a holding company to deduct input VAT on services acquired in the interest of its subsidiaries where those services are offered to its subsidiaries with no consideration.